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Obama Administration Scales Back Proposed Homeowner Relief Effort Over Alleged Foreclosure Abuses
(IMPORTANT INITIAL PROPOSAL TERM SHEET ON THE STATE ATTORNEY’S RESOLUTION OF THE MORTGAGE CRISIS AT THE END OF THIS ARTICLE!)

Published on March 26, 2011 By admin

The following article is brought to you by Shahien Naisripour of TheHuffingtonPost.com. The Obama administration has significantly diminished a proposed homeowner relief program that initially aimed to force the nation’s five largest mortgage companies to reduce monthly payments for three million distressed homeowners, according to documents and people involved in the discussions. The administration has […]